Tiwul

Mid Assignment

Make a business plan :

1. Title page

2. Table of contents

3. Major section :

a. Description of business

b. Description of industry

c. Technology plan

d. Marketing plan

The business plan that can answer the questions as follows :

1. Is the business just an idea, or is it an opportunity with real potential?

2. Does the firm have an exciting and sensible business model?

3. Will other firms be able to easily copy it?

4. Is the product or service viable?

5. Does it add significant value to the customer?

6. Was a feasibility analysis completed?

7. Is the industry in which the product or service will be competing growing, stable, declining?

8. Does the firm have a well-defined target market?

Final Assignment

Continued the business plan :

1. Production plan

2. Organization plan

3. Operating plan

4. Financial plan

5. Summary

6. Appendixes (exhibits)

The business plan that can answer the questions as follows :

1. Is the management team experienced, skilled and up to the task of launching the new firm?

2. Is the firm organized in an appropriate manner?

3. Are its strategy and business practices legal and ethical?

4. Are the financial projections realistic, and do they project a bright future for the firm?

5. What rate of return can investors expect?

6. How will the firm’s competitors react to its entrance into their markets?

7. What are the critical risks surrounding the business and does the management team have contingency plans in place if risks become actual problems?